Commodities Analysis & Opinion

Will anyone who is currently predicting U.S. energy independence be punished if the story turns out to be wrong? I ask because the story--and that's all it is right now--appears to be driving public...

We are not a source for or fans of endless statistics, like the number of ounces purchased from one period over another, how many ounces are available at the Comex, how many ounces have been mined,...

A bit of a choppy week for markets which corrected a bit before looking to have put in a bottom then flipping back to looking like more downside was needed before a large gap opening Friday on good...

Since I have covered currency COT in the previous post, I thought it might be wise to cover the positioning of the futures traders in the precious metals sector. Instead of breaking up the charts for...

Chart 1: Secular commodities bull market started between 1998 and 2001With every other blog on the internet continuously focusing on the the equity market (which has already performed exceptionally...

After making a bear market low in June, gold rallied about 20%. Then from the August top, price headed back down for a possible retest of the June low.There is a good chance that the retest will fail,...

XAU/USD traded this week to its lowest level since late June before finding support at the 1st square root relationship of the year’s low Our broader trend bias is negative in the metal while...

Crude: No need to change too much today. The charts are a whole new animal and we’ve gone into beast mode. The RSI had a significant move up the past few days and we went from whiner (37) to...

Gold held support at 1229/27 all morning but then broke lower. We held just above the low this week at 1215/12 which was our second buying opportunity. We could however test this area today. Exit...

Looks like the biggest drop in gold prices in several months permeated the precious and PGM markets – nearly every single price point in gold, silver, platinum and palladium markets tracked by...

Chart 1: Gold miners breaking down with BP breadth close to single digitsA complete opposite contrast to the overbought stock market breadth, is the oversold (not yet single digit extremes) Gold...

Gold was little changed but still ready to post a weekly slide early Friday, with all eyes focused on the upcoming release of US non-farm payrolls (NFP) data for November.The most hectic day of the...